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The Australian Dollar's month-long rebound against the Pound, Euro and U.S. Dollar received a domestic boost when official data showed a sharp uplift in employment in August that puts the market on alert for another interest rate hike at the Reserve Bank of Australia (RBA).
September 14,2023
Data from the CME Group shows asset managers have ramped up bets against the Australian Dollar as they anticipate an interest rate cut from the Reserve Bank of Australia in 2024.
September 13,2023
Commodities, stocks and risk-sensitive currencies such as the Australian Dollar benefited at the start of a new week amidst a retreat in the Dollar and some positive data out of China.
September 12,2023
Australia's trade surplus has fallen to a 17-month low amidst a decline in falling commodity export earnings linked to the slowdown in China.
September 7,2023
The Australian Dollar was sharply lower after the Reserve Bank of Australia (RBA) opted to keep its base interest rate unchanged at 4.10% and communicated it was not committed to raising interest rates again.
September 5,2023
GBPAUD extends recent pullback from highs as upside momentum wanes.
September 4,2023
The Australian Dollar's rebound against the British Pound and other European currencies was supported Thursday by the release of strong domestic capital expenditure and Chinese data.
August 31,2023
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